Claiming for Clothing as a Business Expense
Understand which clothing is tax deductible for the self employed, the HMRC rules you need to follow and how to claim them on your tax return.
Understand which clothing is tax deductible for the self employed, the HMRC rules you need to follow and how to claim them on your tax return.
Your tax bill can be the biggest bill that you need to handle when you’re self-employed. But, there are ways you can reduce your tax …
Wondering whether you should open a separate bank account if you’re self-employed or just using your own account? Then this guide is for you! Here I’ll explain more about business bank accounts for the self-employed, whether you REALLY need to open one and the most popular bank accounts that the self-employed community are talking about.
Understand the HMRC rules to help you to decide whether your training cost are tax-deductible if you’re self-employed or have a LTD.
HMRC payments on account can be one of the most surprising tax bills for the self-employed, especially when filing their first tax return for the first …
Possibly one of the trickiest (and highly valuable when it comes to the marketing side of things) decisions you’ll need to make, is what to call your business. Here’s how to choose the perfect self-employed business name and the legalities surrounding it.
Determine which is the right legal structure for your new business and where to find further information on registering the one you choose.
Find out how the UK 60% tax trap works (which is 63% in Scotland), who has to pay the 60% tax rate and why in this post.
Client entertainment is not a tax-deductible expense if you’re a sole trader (or even if you formed a Limited Company). Unfortunately, after many years of …
Learn the difference between cumulative and non-cumulative tax codes and how it affects how much personal allowance an individual receives.